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INDUSTRIAL | Manufacturing / Metal Fabrication

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Stage

Acquired | Acquired

About Lakeside Steel

Lakeside Steel is a manufacturer of steel pipe and tubing.In April 2012, Lakeside Steel was acquired by JMC Steel. The valuation of Lakeside Steel was undisclosed. Other terms of the deal were not released. JMC Steel will combine the operations of Lakeside Steel with existing oil and gas business to offer oil country tubular goods (OCTG) products (ranging from 2 to 9 5/8 inches O.D.) and A25 & X Grade line pipe (ranging in size from 2 to 10 3/4 inches O.D.). This new JMC Steel's division will be named Energex Tube.

Lakeside Steel Headquarter Location

160 Dain Avenue

Ontario, L3b 5y6,

Canada

Latest Lakeside Steel News

New owners buy Lakeside Steel

Jan 12, 2018

Hamersma and Birschbac take over Kenosha fabrication firm https://www.biztimes.com/2018/industries/banking-finance/new-owners-buy-lakeside-steel/ Business partners Carl Hamersma and Dean Birschbac have purchased Kenosha business Lakeside Steel & Mfg. The transaction closed Nov. 17 for an undisclosed price. Lakeside Steel & Mfg. Co. – Acquisition received approval for a $1.4 million SBA-backed loan in November, according to SBA records. Hamersma confirmed the loan partially funded the acquisition. Lakeside Steel, which has 18 employees, fabricates sheet metal for the power distribution, power supply and structural industry. It operates out of a 75,000-square-foot facility in Kenosha. The new owners don’t plan to make any immediate changes to the business, Hamersma said. Kehoe owned Lakeside Steel for 44 years. Part of the reason Hamersma and Birschbac acquired it was because of the synergies with Hamersma’s other business, Fond du Lac-based CH Welding Inc., he said. “(We purchased Lakeside for) mainly the opportunity it presented and to also enhance my other business’ capabilities,” Hamersma said. Share Related Articles Business partners Carl Hamersma and Dean Birschbac have purchased Kenosha business Lakeside Steel & Mfg. The transaction closed Nov. 17 for an undisclosed price. Lakeside Steel & Mfg. Co. – Acquisition received approval for a $1.4 million SBA-backed loan in November, according to SBA records. Hamersma confirmed the loan partially funded the acquisition. Lakeside Steel, which has 18 employees, fabricates sheet metal for the power distribution, power supply and structural industry. It operates out of a 75,000-square-foot facility in Kenosha. The new owners don’t plan to make any immediate changes to the business, Hamersma said. Kehoe owned Lakeside Steel for 44 years. Part of the reason Hamersma and Birschbac acquired it was because of the synergies with Hamersma’s other business, Fond du Lac-based CH Welding Inc., he said. “(We purchased Lakeside for) mainly the opportunity it presented and to also enhance my other business’ capabilities,” Hamersma said.

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